According to the latest report published by Credence Research, Inc. “Global Specialty Fats and Oils Market - Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global specialty fats and oils market accounted for US$ 15,202 Mn in 2017, expanding at a CAGR of 6.3% from 2018 to 2026. Browse the full report Global Specialty Fats and Oils Market - Growth, Future Prospects and Competitive Analysis, 2018-2026 report at http://www.credenceresearch.com/report/specialty-fats-and-oils-market Market Insights The global market for specialty fats and oils was pegged at US$ 15,202 Mn in 2017 growing with a CAGR of 6.3% during the forecast period from 2018 to 2026. Specialty fats and oils are designed to meet the demand of various end-use industries such as bakery, food and beverages etc. Specialty fats and oils are manufactured under extensive hygienic food safety and selective process conditions. Specialty fats and oils provide excellent elasticity, gloss retention, and fat crystallization at lower viscosities and used as an alternative to saturated fats. Growing concern over the use of healthy fats and oils as an ingredient has stimulated the bakery and confectionery product manufacturers to search for healthy alternatives to integrate it into their products. Also, changing tastes and preferences of consumers in developing nations has led manufacturers to expand their product portfolio and provide innovative products at lesser prices. Rising demand for specialty fats in confectionary and bakery products owing to factors such as increasing consumption of chocolate products, growing popularity of dark chocolates, as well as fluctuating prices of cocoa due to the volatilizing production cost has led to the development of cocoa alternatives. Rising prices of cocoa butter has significantly driven the demand for its alternatives such as cocoa butter substitutes (CBS). Cocoa butter alternatives such as CBS are fats mixed with cocoa butter in limited concentrations and does not alter its melting, rheological, and processing properties. Specialty fats developed from the palm and palm kernel fractions such as cocoa butter substitutes (CBS) provides a creamy, smooth caramel texture to confectionery products such as fillings of cookies that provides significant opportunities for the development of cocoa butter substitutes over its counterparts. Also, increased acceptance of liquid shortenings owing to its property of retaining moisture in baked products supplement the growth of liquid form in the near future. Based on the geography, Asia-Pacific held a significant share in the global specialty fats and oils market in 2017 with a market share of over 50% in terms of value and volume. Rapid population expansion, rising disposable income along with enhanced demand for processed food products are some of the major factors for growth of Asia-Pacific specialty fats and oils market. Moreover, specialty oil such as palm oil is widely grown and consumed in Asia-Pacific countries, which is used for manufacturing certain types of shortenings such as cake and solid shortenings. As per the statistics provided by Green Palm, Malaysia and Indonesia are the major producers and exporters of palm oil. Apart from this, palm oil being the key ingredient in the production of shortening and India is a major consumer of shortenings and margarines, leads to high demand for palm oil from convenience food, thus driving the overall market. Furthermore, rapid expansion of applications of specialty fats and oils has resulted in the growth of the specialty fats and oils market in this region. Key market players in the global specialty fats and oils market include The Nisshin Oillio Group, Cargill Inc., Bunge Limited, IOI Group, International Foodstuff Company Limited (IFFCO), AAK AB, Musim Mas, Fuji Oil, Mewah International, Wilmar International. Free Sample request: https://www.credenceresearch.com/sample-request/59130 TOC Chapter 1. Preface 1.1. Report Scope and Description 1.1.1. Purpose of the Report 1.1.2. Target Audience 1.1.3. USP and Key Offering 1.2. Research Scope 1.3. Research Methodology 1.3.1. Phase I-Secondary Research 1.3.2. Phase II-Primary Research 1.3.3. Top Down and Bottom Up Approach 1.3.3.1. Top-Down Approach 1.3.3.2. Bottom-Up Approach 1.3.4. Phase III- Expert Panel Review 1.4. Assumptions 1.5. Market Segmentation Chapter 2. Executive Summary 2.1. Global Specialty Fats and Oils Market Snapshot 2.2. Global Specialty Fats and Oils Market by Type, 2017 (Kilo Ton, US$ Mn) 2.3. Global Specialty Fats and Oils Market, by Form, 2017 (Kilo Ton, US$ Mn) 2.4. Global Specialty Fats and Oils Market, by Application, 2017 (Kilo Ton, US$ Mn) 2.5. Global Specialty Fats and Oils Market, by Geography, 2017 (Kilo Ton US$ Mn) Chapter 3. Market Overview 3.1. Introduction 3.2. Market Dynamics 3.2.1. Drivers 3.2.1.1. Growing Consumption of Bakery & Confectionery and Processed Foods 3.2.1.2. Increasing Demand for Cocoa Butter Alternative Fats 3.2.2. Restraints 3.2.2.1. Concerns over the Excessive Consumption of Fats and Oils 3.2.2.2. Restraint 2 3.2.3. Opportunities 3.2.3.1. Growing Production and Trade of Raw Material 3.2.3.2. Opportunity 2 3.3. Attractive Investment Proposition, by Geography, 2017 3.4. Competitive Landscape: Market Positioning of Key Players, 2017 Chapter 4. Global Specialty Fats and Oils Market, by Type, 2016 – 2026 (Kilo Ton, US$ Mn) 4.1. Overview 4.1.1. Global Specialty Fats Market Share Analysis, by Type, 2017 vs. 2026 (Value, %) 4.1.2. Global Specialty Oils Market Share Analysis, by Type, 2017 vs. 2026 (Value, %) 4.1.3. Global Specialty Fats Market, by Type, 2016-2026 (Kilo Ton, US$ Mn) 4.1.4. Global Specialty Oils Market, by Type, 2016-2026 (Kilo Ton, US$ Mn) 4.2. Specialty Fats 4.2.1. Cocoa Butter Equivalents 4.2.2. Cocoa Butter Substitutes 4.2.3. Cocoa Butter Replacers 4.2.4. Cocoa Butter Improvers 4.2.5. Dairy Fat Replacers 4.2.6. Others (sal, mango kernel butter, kokum butter, etc.) 4.3. Specialty Oils 4.3.1. Palm Oil 4.3.2. Soybean Oil 4.3.3. Coconut Oil 4.3.4. Cotton Seed Oil 4.3.5. Rapeseed Oil 4.3.6. Other Specialty Oils (peanut oil, olive oil, etc.) Chapter 5. Global Specialty Fats and Oils Market, by Form, 2016 – 2026 (Kilo Ton, US$ Mn) 5.1. Overview 5.1.1. Specialty Fats and Oils Market Share Analysis (Value, %), by Form, 2017 vs. 2026 5.1.2. Global Specialty Fats and Oils Market Volume, by Form, 2016-2026 (Kilo Ton) 5.1.3. Global Specialty Fats and Oils Market Value, by Form, 2016-2026 (US$ Mn) 5.2. Dry 5.3. Liquid Chapter 6. Global Specialty Fats and Oils Market, by Application, 2016 – 2026 (Kilo Ton, US$ Mn) 6.1. Overview 6.1.1. Specialty Fats and Oils Market Share Analysis (Value, %), by Application, 2017 vs. 2026 6.1.2. Global Specialty Fats and Oils Market Volume, by Application, 2016-2026 (Kilo Ton) 6.1.3. Global Specialty Fats and Oils Market Value, by Application, 2016-2026 (US$ Mn) 6.2. Chocolates and Confectioneries 6.3. Bakery Products 6.4. Processed Foods 6.5. Dairy Products 6.6. Others (cosmetic products, ointments etc.) Chapter 7. Global Specialty Fats and Oils Market, by Geography, 2016 – 2026 (Kilo Ton, US$ Mn) 7.1. Overview 7.1.1. Specialty Fats and Oils Market Share Analysis (Value, %), by Geography, 2017 vs. 2026 7.1.2. Global Specialty Fats Market Volume, by Geography, 2016-2026 (Kilo Ton) 7.1.3. Global Specialty Fats Market Value, by Geography, 2016-2026 (US$ Mn) 7.1.4. Global Specialty Oils Market Volume, by Geography, 2016-2026 (Kilo Ton) 7.1.5. Global Specialty Oils Market Value, by Geography, 2016-2026 (US$ Mn) 7.2. North America Specialty Fats and Oils Market Analysis, 2016 – 2026 7.2.1. North America Specialty Fats and Oils Market, by Type, 2016 –2026 (Kilo Ton, US$ Mn) 7.2.2. North America Specialty Fats and Oils Market, by Form, 2016 – 2026 (Kilo Ton, US$ Mn) 7.2.3. North America Specialty Fats and Oils Market, by Application 2016 – 2026 (Kilo Ton, US$ Mn) 7.2.4. North America Specialty Fats and Oils Market, by Country, 2016 – 2026 (Kilo Ton, US$ Mn) 7.2.4.1. U.S. 7.2.4.2. Canada 7.3. Europe Specialty Fats and Oils Market Analysis, 2016 – 2026 7.3.1. Europe Specialty Fats and Oils Market, by Type, 2016 – 2026 (Kilo Ton, US$ Mn) 7.3.2. Europe Specialty Fats and Oils Market, by Form, 2016 – 2026 (Kilo Ton, US$ Mn) 7.3.3. Europe Specialty Fats and Oils Market, by Application, 2016 – 2026 (Kilo Ton, US$ Mn) 7.3.4. Europe Specialty Fats and Oils Market, by Country/Region, 2016 – 2026 (Kilo Ton, US$ Mn) 7.3.4.1. U.K. 7.3.4.2. Germany 7.3.4.3. France 7.3.4.4. Rest of Europe 7.4. Asia Pacific Specialty Fats and Oils Market Analysis, 2016 – 2026 7.4.1. Asia Pacific Specialty Fats and Oils Market, by Type, 2016 – 2026 (Kilo Ton, US$ Mn) 7.4.2. Asia Pacific Specialty Fats and Oils Market, by Form, 2016 – 2026 (Kilo Ton, US$ Mn) 7.4.3. Asia Pacific Specialty Fats and Oils Market, by Application, 2016 – 2026 (Kilo Ton, US$ Mn) 7.4.4. Asia Pacific Specialty Fats and Oils Market, by Country/Region, 2016 – 2026 (Kilo Ton, US$ Mn) 7.4.4.1. Japan 7.4.4.2. China 7.4.4.3. India 7.4.4.4. Rest of APAC 7.5. Latin America Specialty Fats and Oils Market Analysis, 2016 – 2026 7.5.1. Latin America Specialty Fats and Oils Market, by Type, 2016 – 2026 (Kilo Ton, US$ Mn) 7.5.2. Latin America Specialty Fats and Oils Market, by Form, 2016 – 2026 (Kilo Ton, US$ Mn) 7.5.3. Latin America Specialty Fats and Oils Market, by Application, 2016 – 2026 (Kilo Ton, US$ Mn) 7.5.4. Latin America Specialty Fats and Oils Market, by Country/Region, 2016 – 2026 (Kilo Ton, US$ Mn) 7.5.4.1. Brazil 7.5.4.2. Mexico 7.5.4.3. Rest of Latin America 7.6. Middle East & Africa (MEA) Specialty Fats and Oils Market Analysis, 2016 – 2026 7.6.1. MEA Specialty Fats and Oils Market, by Type, 2016 – 2026 (Kilo Ton, US$ Mn) 7.6.2. MEA Specialty Fats and Oils Market, by Form, 2016 – 2026 (Kilo Ton, US$ Mn) 7.6.3. MEA Specialty Fats and Oils Market, by Application, 2016 – 2026 (Kilo Ton, US$ Mn) 7.6.4. MEA Specialty Fats and Oils Market, by Region, 2016 – 2026 (Kilo Ton, US$ Mn) 7.6.4.1. GCC 7.6.4.2. Rest of MEA Chapter 8. Company Profiles 8.1. Wilmar International Limited 8.1.1. Business Description 8.1.2. Financial Information (Subject to data availability) 8.1.3. Product Portfolio 8.1.4. Business Strategies/Recent Developments 8.2. Bunge Limited 8.3. Cargill Inc. 8.4. IOI Group 8.5. International Foodstuff Company Holdings Limited (IFFCO) 8.6. Intercontinental Specialty Fats Sdn Bhd 8.7. Musim Mas Holdings 8.8. Mewah Group 8.9. Olenex 8.10. AAK - The Co-Development Company 8.11. Other Notable Players Browse the full report Global Specialty Fats and Oils Market - Growth, Future Prospects and Competitive Analysis, 2018-2026 report at http://www.credenceresearch.com/report/specialty-fats-and-oils-market About Us: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. 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